4Ps For Youth
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Category: Youth
Create for Region
Jauniešu Biznesa Projektu Konkurss “Radām Novadam” (Create forRegion) Project Number: 2016-3-LV02-KA205-001389
Erasmus+ project Create for Region” in Latvia and Lithuania.
The aim is to research young people interested in starting businesses in various regions.
Key Points
- Understand their motivations and expectations.
- Identify problems they face.
- Explore how they overcome these challenges.
- Examine changes in their personalities and expectations while working ob business projects until they succeed.
- Determine reasons for abandoning their business projects.
Research Group
- 50-70 youths from 2-4 Lithuanian regions who seek help from municipalities of have otherwise identified themselves.
Project Result
- Research will be conducted simultaneously in Latvia and Lithuania, allowing for the identification of key motivations, problems, and solutions. This can help government and business organizations improve support youth in these regions. Comparing data from both countries may reveal if participation in competitions helps increase the chance of successful business projects.
If you have any questions regarding the project, please contact us by e-mail projects projects@inovacijubiuras.lt
Ideas into Action
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Competition “Create County”
Competition, Create County
2014-1-LV02-KA205-000290
Erasmus+ project “Competition, Create Country” in Latvia and Lithuania.
“Create for the Region” is a cross-border entrepreneurship competition aimed at Latvian and Lithuanian students, designed to foster practical business experience, personal responsibility, and regional development. The competition encourages university support and media attention while helping students improve their future career prospects.
The project’s long-term vision is to become a European-wide platform for mobilizing youth creativity and university resources to generate economic value. It promotes international collaboration, with students forming cross-border teams to build globally relevant companies using local strengths.
The project is structured in three phases:
- Team application and selection (3–6 months)
- Business plan development
- Implementation of ideas (1–2 years), potentially leading to real startups or contributions to existing businesses.
The first pilot includes 200 students from 20 universities across 30 regions in Latvia and Lithuania. Organizers provide support and guidance but leave training to universities. By the end, the project aims to create 30 jobs, 15 companies, and generate €1 million in business investments.
The medium-term goal is for the project to become financially independent and active in at least 10 EU countries, offering a sustainable solution to local economic challenges by harnessing student energy and innovation.
If you have any questions, please do not hesitate to contact us projects@inovacijubiuras.lt
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